- Find the best broker for your trading needs
- Compare spreads, fees, and platforms
- Read in-depth reviews and analysis
First introduced in 2011, the cTrader platform now rivals other platforms like MT4 and MT5 thanks to its modern design, advanced order protection, depth of market indicator, advanced charting, and built-in copy-trading.
More experienced traders will like cTrader’s server-side trailing stop and advanced charting, while beginners will like its clear layout and the cTrader Copy feature. All traders will breathe easier knowing that cTrader is maintained by Spotware and cannot be altered by fraudulent brokers. Whatever the reason for your interest in cTrader, these are the best cTrader brokers in the world. They have been selected for their low trading costs, range of instruments, and quality of educational content.
60-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.
You can either use the arrow button or swipe on mobile
Broker | Official Site | cTrader | Regulated By | Website Language: English | Support Language: English | Compare | |||||
---|---|---|---|---|---|---|---|---|---|---|---|
USD 100 | 30:1 | Yes | 2241 | 70 | Yes | Yes | |||||
USD 0 | 30:1 | Yes | 1597 | 90 | Yes | Yes | |||||
USD 200 | 30:1 | Yes | 1744 | 64 | Yes | Yes | |||||
AUD 100 | 30:1 | Yes | 10162 | 70 | Yes | Yes | |||||
EUR 100 | 30:1 | Yes | 905 | 73 | Yes | Yes |
Find Your Ideal Forex Broker
Traders seeking a broker with market execution. Most trades are executed in less than 10 milliseconds, and only 9% of market orders receive negative slippage, which is perfect for scalpers and traders who like to take advantage of volatile markets.
The cTrader account at FxPro offers no requotes and will allow partial fills for orders that lack liquidity. Its spreads generally outperform the industry average, especially during peak hours. FxPro also provides a range of technical analysis indicators from Trading Central and a free VPS service.
The main drawbacks of FxPro include higher than average trading costs compared to other brokers and limited educational and market analysis materials.
0.4 pips
USD 14
USD 100
FxPro caters to traders who prefer market execution and fast trade speeds, with most trades executed in less than 10 milliseconds, particularly suited for scalpers and those targeting volatile markets. The cTrader account at FxPro is notable for its no requotes policy and capability for partial fills on orders with limited liquidity, offering variable spreads that average about 0.30 pips on the EUR/USD.
FxPro is also transparent about its slippage, requotes, and execution speeds and regularly publishes all statistics on its website. However, it falls short with higher trading costs and less extensive educational content compared to competitors, which might not fully meet the needs of beginner traders.
Well regulated
Great platform choice
Tight spreads
Limited education
Traders seeking low trading costs on the cTrader platform. Pepperstone provides ECN execution and most orders are executed in less than 30 milliseconds, which is ideal for scalpers and clients who run expert advisors.
We especially like Pepperstone’s cTrader Razor account, which has an average spread on the EUR/USD of 0.10 pips – about as close as traders can get to true market prices, with a commission of 7 USD.
The main drawback is the ECN account’s complicated commission structure, which might confuse some traders.
0 pips
USD 10
USD 0
An Australian ECN broker, Pepperstone offers cTrader support (alongside MT4 and MT5), ASIC regulation and two simple market-execution accounts. The Standard Account is commission-free and the spread on the EUR/USD is around 1 pip. The Razor Account charges a commission of 7 EUR round turn but the average spread on the EUR/USD is 0.24 pips – about as close as traders can get to true market prices as possible.
All cTrader users at Pepperstone will also get access to Autochartist – a powerful pattern recognition plugin that automatically identifies trading opportunities based on price trends. In addition, cTrader offers a powerful backtesting and automated trading functionality through cTrader Automate using the highly functional cTrader API and the popular C# programming language.
Well regulated
Tight spreads
Great platform choice
Wide range of assets
Limited market analysis
Beginner traders looking for in-depth, well-structured educational materials, low trading costs, and 24/7 customer service.
IC Markets' Raw Spread Account has spreads down to 0.1 pips (EUR/USD) in exchange for a commission of 7 USD (round turn). It offers a great range of financial instruments, including over 1600 stock CFDs and 64 Forex pairs.
At 200 USD, the minimum deposits on its accounts are higher than other similar brokers.
0.1 pips
USD 8
USD 200
An Australian CFD broker with market execution accounts on MT4, MT5 and cTrader, IC Markets is rare amongst cTrader brokers as it provides a good environment for traders who are just starting out. IC Markets offers in-depth structured course material, detailed independent market analysis, and expert-led webinars. IC Markets also provides excellent 24/7 technical support cTrader.
cTrader users will be interested in IC Markets cTrader Raw Spread Account. This account offers some of the highest spreads of all Forex brokers globally, with the average spread on EUR/USD at 0.1 pips. The IC Markets cTrader server has, on average, under 1ms latency to major VPS providers either collocated in the LD5 IBX data centre or through dedicated lines to nearby data centres. This low latency is ideal for automated and High-Frequency Trading and scalping. In addition, IC Markets sources prices from 25 different liquidity providers, ensuring low spreads around the clock.
Well regulated
Tight spreads
Wide range of assets
Great platform choice
High minimum deposit
Limited market analysis
cTrader is an institutional-grade trading platform offered by a few Forex brokers.
A little-known fact: 35% more cTrader users are profitable compared to the industry average. This surprising statistic comes from Spotware’s internal calculations and highlights why cTrader has become MetaTrader’s main competitor. But what is it about cTrader that makes traders more profitable?
No price manipulation
Unlike MetaTrader and most other broker-owned platforms, cTrader does not allow any broker manipulation of the price feed. This means that it will only connect traders directly to the global Forex market and won’t allow for any dealing desk intervention.
No broker intervention
Spotware manages all the infrastructure behind cTrader, and the interface you download from your broker is just that — an interface. The broker can alter commission and spreads, but the price feed and market data cannot be modified.
Single Login
Because Spotware manages cTrader’s infrastructure, the cTrader ID you receive when you first log in to the application will never change. This is especially useful as you won’t have to remember new passwords or account numbers, even if you switch brokers.
Spotware is invested in your success
cTrader is also offered to brokers on a platform-as-a-service basis, and brokers pay Spotware based on volume traded, meaning that the more traders succeed with cTrader, the more Spotware profits. The result is that Spotware has a real incentive to provide traders with the best chance to trade profitably.
These differences are all enshrined in Spotware’s founding motto: Trader’s First. This guiding mindset has led Spotware not only to ensure that cTrader is an intervention-free platform but also forced them to make transparency and community focus an integral part of cTrader’s business model.
It’s important to note that because most cTrader brokers provide raw spreads, users may have to pay a commission on their trades.
cTrader offers three versions of its trading platform, and while the same indicators, objects, layouts and themes are present across all three versions, there are minor changes to functionality:
cTrader Download
The desktop version is the most feature-complete version of cTrader, download the application for any Windows PC or laptop. Unfortunately, for Mac users, there is no native application, and you will have to rely on cTrader Web or create a system partition to run Windows applications. It’s important to note that cTrader Copy will only run in the Web version,
cTrader Web
The cTrader Web version is almost as feature-complete as the desktop version except for a few changes. Charts are locked, so they cannot move up and down, and cTrader Automate is unavailable.
cTrader Mobile
Available on iOS and Android, the cTrader mobile app is perfect for traders on the go and has 26 timeframes and over 50 indicators available. Charts have been redesigned for mobile with features such as pinch-to-zoom, fling to scroll forward or backwards, and double-tap to re-centre.
The cTrader forum is a place for all cTrader users to post suggestions to the developers for new features for the platform, get support from the community and stay on top of any product announcements and other news. Spotware continuously improves cTrader with enhancements stemming mostly from community feedback; this regular interaction with traders results in several platform updates and upgrades a year.
The cTrader ID Site is a personalised toolbox for anyone holding a cTrader ID. It provides traders with several tools to control their accounts and connect to other traders, apps, and resources.
Standout features include:
Some feel cTrader is more beginner-friendly than MT4 and offers high-speed execution with a cleaner user interface. In the interest of balance, here are some of the main advantages and disadvantages.
Unlike MT4 and MT5, cTrader started life as ECN (Electronic Communication Network) platform, and traders will usually have to pay a commission on their trades when using it.
This means that it connected traders directly to the global Forex market and didn’t allow for any dealing desk intervention, whether automated or not. While cTrader can now be used by market makers, all the infrastructure behind cTrader is still managed by Spotware themselves, and the interface you download from your broker is just that, an interface. The broker can alter commission and spreads, but the price feed and market data cannot be modified or manipulated. Because of cTrader’s history as an ECN-only platform, most cTrader brokers do not have an opportunity to charge a fee in the spread and will charge a commission instead for their service.
Because cTrader’s infrastructure is managed by Spotware, the cTrader ID you receive when you first log in to the application will never change. This is especially useful as you won’t have to remember new passwords or account numbers, even if you change brokers.
cTrader is also offered to brokers on a platform-as-a-service basis, and brokers pay Spotware based on volume traded, meaning that the more traders succeed with cTrader, the more Spotware profits. The result is that Spotware has a real incentive to provide traders with the best chance to trade profitably.
These differences are all enshrined in Spotware’s founding motto: Trader’s First. This guiding mindset has led Spotware not only to ensure that cTrader is an intervention-free platform but also forced them to make transparency and community focus an integral part of cTrader’s business model.
Explore more resources that fellow traders find helpful! Check out these other guides to enhance your forex trading knowledge and skills. Whether you’re searching for the best brokers, educational material, or something more specific, we’ve got you covered.